SpaceX

Advertisement | Remove ads. SpaceX is set to make history as it gears up to list its shares on the Nasdaq on Thursday after completing the largest initial public offering (IPO) in corporate history. 8 trillion valuation. How the SPCX stock performs in its early days is anyone’s guess, but history offers a note of caution. S. IPOs over the past decade generated negative returns in their first year, according to a Stocktwits compilation. Advertisement | Remove ads. -listed shares plunging 84% in the first year, followed by electric-vehicle maker Rivian, whose stock declined 64%.

S. S. listing in 2014. On the positive side, chip designer Arm Holdings and cloud software company Snowflake posted strong gains in their first year as public companies. That said, SPCX’s performance is likely to be influenced more by current market themes. Investment in AI development and data center infrastructure remains a key focus for investors. Over the past year, semiconductor and neocloud stocks have rallied sharply, while niche software companies have lagged and Big Tech names have delivered mixed returns. With xAI as a subsidiary and access to a massive AI data center footprint in Memphis, Tennessee, SpaceX is positioning itself as a major player in the AI race.

Advertisement | Remove ads. At $135 per share, SpaceX would trade at a trailing price-to-sales multiple of roughly 94, which is higher than Nvidia, Amazon, and Meta, according to Reuters. 4, respectively. On Stocktwits, the retail sentiment for SPCX was ‘extremely bullish’ (98/100) early Thursday. 6 million shares at $135 each, according to a statement on its website. 4 billion listing in 2019. Advertisement | Remove ads. 77 trillion. 8 trillion. 67 billion, with Starlink accounting for about 60% ​of the total. 94 billion last year, from a profit of $791 million in 2024.

SpaceX is the first of three major IPOs planned this year. Anthropic and OpenAI, two of the company’s AI competitors, are expected to go public soon and could seek valuations exceeding $1 trillion each. Advertisement | Remove ads. Major investors in SpaceX, such as Andreessen Horowitz and Sequoia Capital, are set to make staggering returns from the IPO. For updates and corrections, email newsroom[at]stocktwits[dot]com. Read Next: Why Are CRWV, NBIS Stocks Surging Advertisement | Remove ads.